Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Wexlike]

Because I cannot afford to loose more than the money I already lost and have already invested on it.

Then don't buy. Sucks that you went all-in at the top of the bubble, but i would have done the same if i had liquid funds back then.

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[exocytosis]

Yea circle is making some order to this hell chaos

Hadn't it been for the "fantastic" Circle news, we would've probably been below 350 by now.

Now, 350 was delayed by a day or two.

[acsalles]

Because I cannot afford to loose more than the money I already lost and have already invested on it.

Then don't buy. Sucks that you went all-in at the top of the bubble, but i would have done the same if i had liquid funds back then.

Correct... I was liquid as hell when the bubble reached mainstream last year. For me was easy to commit. My strategy is to ensure that my cold wallets are safe and follow the news for the next 3~4 years.
If, and only if, Proce is consistently growing in the way I find it's sustainable (like ETF) then I am going to double my position.

[Richy_T]

But there is the question of loss of confidence. If they want this cash cow to remain profitable in the coming years (and they absolutely do want this) then a dip into $100s isn't exactly good for PR. Besides they'll have to risk a lot more to get there.

They'll just move on to something else (if true).

[Richy_T]

http://arstechnica.com/tech-policy/2014/09/feds-butterfly-labs-mined-bitcoins-on-customers-boxes-before-shipping/

These guys were capital A Assholes...holy fudge.

Man I don't why it never clicked to be that a machine testing should be tied to a customer order, the coins are then mined and sent to the customer's address sans hosting fees. Easy peezy keep the customer happy while avoiding any breakdowns from not being able to test machinery.

Damn. I know people were accusing them of that but I never thought they were that low. I just figured they were crooked and incompetent.

[sidhujag]

http://arstechnica.com/tech-policy/2014/09/feds-butterfly-labs-mined-bitcoins-on-customers-boxes-before-shipping/

These guys were capital A Assholes...holy fudge.

Man I don't why it never clicked to be that a machine testing should be tied to a customer order, the coins are then mined and sent to the customer's address sans hosting fees. Easy peezy keep the customer happy while avoiding any breakdowns from not being able to test machinery.

|What did you expect... The CEO of Butterfly Labs is a convicted felon (25M USD worth of mail fraud.).. anyone who invested with them were either stupid or got lucky with their order if they broke even... either way it was stupid to invest with them whoever did it. As soon as I found out the CEO was an ex con I looked away. That and the way they handled their customers complaints with taunts etc... especially Josh here on this forum... he threw away alot of business like that too.

[klee]

@MoreFun - what's your background mate? I really like your analysis

[gizmoh]

Even CoinDesk is now desperately trying to pump up the price..

www.coindesk.com/predicting-bitcoins-next-price-rise/

[X7]

dammit I missed 8888

[X7]

Even CoinDesk is now desperately trying to pump up the price..

www.coindesk.com/predicting-bitcoins-next-price-rise/

No coindesk... it's too late... (Sings song)  "It's toooo late to apooloogizeeee, its tooo laaaate"

[tarmi]

Even CoinDesk is now desperately trying to pump up the price..

www.coindesk.com/predicting-bitcoins-next-price-rise/

they are always trying to pump up the price.

[ChartBuddy]

Explanation

[MoreFun]

@MoreFun - what's your background mate? I really like your analysis

Not sure if serious or you are just jerking me. 

[findftp]

dammit I missed 8888

Wow, you've been sleeping for quiet a while!

[adamstgBit]

all i see are dumps...
dumps dumps dumps

[findftp]

Even CoinDesk is now desperately trying to pump up the price..

www.coindesk.com/predicting-bitcoins-next-price-rise/

lol

Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.

8-15% a day
Do we really have to believe this?

[exocytosis]

Half a year from now, cultists and permabulls will dream about Bitcoin one day climbing back up to the insanely high price of $375.

[adamstgBit]

Even CoinDesk is now desperately trying to pump up the price..

www.coindesk.com/predicting-bitcoins-next-price-rise/

lol

Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.

8-15% a day
Do we really have to believe this?

i believe he CLAIMS to have made anywhere between 8-15%

8   or 15  %

thats a rather large gap...

[sidhujag]

Even CoinDesk is now desperately trying to pump up the price..

www.coindesk.com/predicting-bitcoins-next-price-rise/

lol

Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.

8-15% a day
Do we really have to believe this?

i believe he CLAIMS to have made anywhere between 8-15%

8   or 15  %

thats a rather large gap...

He made more.. upwards of 35% claim in the article.

[derpinheimer]

Even CoinDesk is now desperately trying to pump up the price..

www.coindesk.com/predicting-bitcoins-next-price-rise/

lol

Mercede, who is CEO of Cryptocoin Capital Management (CCM), claims he has made an average return of between 8%–15% per day mostly by buying off Chinese exchanges and selling locally, or vice-versa.

8-15% a day
Do we really have to believe this?

Believe what? What is your point?